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Pine Walk, Pedmore, West Midlands, DY9 7JN - Image 1
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Pine Walk, Pedmore, West Midlands, DY9 7JN

West Midlands

£340,000
Listed on 03/12/2025

Property Details

Bedrooms
3
Type
Detached house

Description

This three-bedroom detached dormer bungalow in the desirable area of Pedmore presents a remarkable investment opportunity. Located close to Stevens Park, the property boasts a spacious layout and is set on a generous plot with lovely views, ripe for modernization. The entrance leads into a hallway that connects to two flexible reception rooms, ideal for living and dining arrangements, alongside a good-sized kitchen with ample potential for refurbishment. Three well-proportioned bedrooms and a shower room complete the ground floor accommodation. The rear garden is a standout feature, providing privacy and beautiful surroundings, perfect for relaxation or entertaining outdoors. Additionally, there’s a garage included. While the bungalow requires updating, it offers an exciting chance for buyers looking to put their personal touch on a home in this sought-after location. The property is offered without any upward chain, making it an attractive proposition for early viewings.

Investment Analysis

(DY9 area)
Area Average
£321/sq ft
Avg Rent (weekly)
£236
Avg Yield
3.5%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
18
Average per month
Market Turnover
15%
Properties sold annually

Local Market Trend (DY9)

Area prices are stable by +0.3% over the last 12 months
3 year growth: 9.3%
5 year growth: 19.5%
Investment Disclaimer: Analysis based on DY9 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Any renovation cost estimates provided are AI-generated and should be considered indicative only. Renovation costs vary significantly based on property condition and scope of work. Always conduct professional surveys and get multiple quotes before making investment decisions.

Location

Pine Walk, Pedmore, West Midlands, DY9 7JN
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£1,246
Based on a loan of £255,000 over 30 years at 4.19% interest

These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.

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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE